Tag: AI boom
The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and Travel
Venture capital is usually associated with moonshot technology bets. Lately, though, some venture investors have found new, more analog pursuits: sports teams, iconic real estate…
Is the AI boom peaking? Dell and Nvidia results point to stronger demand ahead
Dell and Nvidia are pushing back against the idea that the AI boom is slowing down. Their latest results and, more importantly, their long-term revenue…
Wall Street expects the S&P 500 to jump 17%: Can AI drive another big stock-market rally?
Wall Street is betting on another strong year for US stocks, with the S&P 500 expected to gain about 17% over the next 12 months…
Why TSMC sales surged 45% as AI boom drives demand for advanced chips
TSMC has reported a huge jump in sales as demand for AI chips remains strong. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s biggest chipmaker, reported…
Wall Street AI boom faces reality check as SpaceX earnings and US jobs data arrive
Wall Street is heading into another important week after a strong run for stocks. The coming week will bring several major events that could test…
Microsoft’s Satya Nadella: We Can’t Let AI Giants Eat the Economy
Satya Nadella helped usher in the AI boom. Now he has a tough message for the companies leading it. Microsoft CEO Satya Nadella The chief…
Who is Deedy Das? Ex-Google and Facebook techie becomes partner at Menlo Ventures
Menlo Ventures has promoted Kolkata-born Deedy Das to partner. The promotion comes less than two months after Das joined the venture capital firm, underscoring the…